Gen AI Applications – The Institution View

3rd Jul 2024– Written by Vlad Kozynchenko  – Featured on healthtechhotspot.com

This series of Insights focuses on the applications of generative AI solutions. This is a precursor to a more in-depth analysis of Signify Research’s Gen AI Market Intelligence Service.

In my first Insight, we defined what generative AI (gen AI) is and discussed the gen AI value chain and how the ecosystem is centred around big tech. To recap, gen AI is an AI built on a foundation model trained on a large corpus of unlabelled data. In contrast, traditional machine learning algorithms use labelled data and are trained to perform a specific task.

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